Selling a property can be a daunting task, but it doesn't have to be. One way to make sure that your property is in the best possible condition before putting it on the market is to get a building survey. A building survey is an in-depth inspection of a property that highlights any defects or issues that may affect the value of the property. So, why do you need a building survey before selling your property?
Highlights any Issues
Getting a building survey before putting your property on the market can highlight any structural or aesthetic issues that may be present in the property. This allows you to fix any problems before they become a deal-breaker for potential buyers. By providing potential buyers with full knowledge of the property's condition, you avoid any future disputes, and you're more likely to achieve a higher sale price.
Helps During Negotiation
A building survey report can also help you during negotiations with potential buyers. By knowing the full extent of the condition of your property, you can discuss any solutions that may be required with potential buyers and have a clear understanding of the work required. This can prevent any disputes post-sale and inform both the buyer and seller of any deductions that may be made from the purchase price.
Avoids Future Legal Issues
A building survey can prevent potential legal issues that may arise if the property is sold without a survey. If a buyer discovers issues with the property after the sale, they may hold the seller accountable and claim compensation. By having a building survey, you reduce the risk of these issues coming up, protecting your best interests and instilling confidence in both parties.
Saves You Money
By getting a building survey before selling your property, you can deal with any issues that arise during the survey, which can prevent costlier problems from developing. If you leave problems unattended, they can become magnified over time. While they may not seem like important issues at present, they could impact your potential buyer's decision-making process. Knowing what needs to be done before selling gives you the time and knowledge to remedy the issues.
Your Next Step
In conclusion, getting a building survey before selling your property is crucial for a successful and stress-free sale. It can highlight any issues that may affect the sale process and instil confidence in the buyer, potentially increasing the value of the sale. The survey also ensures that both parties are informed of any potential issues and can come to an agreement to guarantee the sale of the property.
Talk to local building surveyors to learn more.
Hi! My name is Robert. I live in Brisbane with my wife and our two kids. For many years, I have been saving up money so I could build our dream home. I first saw my dream home when I was aged 21. I was on a holiday to the USA and was staying with friends in California. While down on the beach one day, I spotted a lovely mansion house which was high up on the cliffs. I decided that one day, I would like a house like that. Last year, I instructed a team on house builders to begin construction of our new home and I couldn't be happier. I have learnt so much from the experience, I decided to start this blog.